$27,000,000 Closed
460 Gonowabie Road
Crystal Bay, NV 89402
SOLD 2026-03-20
Sold for $25,500,000 (listed at $27,000,000)
5 Beds
·
5.5 Baths
·
5,789 Sq Ft

About This Property

Crystal Modern, newly completed July 2025.Stunning lakefront residence on 100 feet of pristine shoreline on Crystal Bay, Nevada, at Lake Tahoe. This contemporary 5-bedroom suite residence blends organic design with modern luxury. Panoramic lake views are showcased through floor-to-ceiling glass and skylights, flooding the interiors with natural light. High ceilings in the great room enhance the sense of space, while sliding glass walls open to expansive decks, creating seamless indoor-outdoor living. The primary suite and main living areas reside on one level, offering convenience and privacy. A lower-level rec room opens to deck and stainless steel spa. Crafted with ledgestone, European white oak, and quartz, the home embraces natural materials and thoughtful design. Eastern exposure provides stunning sunrise and moonlit lake views. A newly installed deepwater shared pier completes this extraordinary lakeside retreat. Enjoy this absolutely stunning property year round at Tahoe .

Listed by Kerry Donovan — Chase International

Listing Details

Status Closed
MLS # 1016869
Sold Date 2026-03-20
Sold Price $25,500,000
Price/Sq Ft $4,664

Property History

Jan 08, 2025
Listed for sale
$29,500,000
Current
Sold
$25,500,000
Property Overview
Beds 5
Baths 5.5
Sq. Ft. 5,789
Lot Size 0.47 acres
Stories 3
Year Built 2025
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 123-131-11
Parking
Garage Spaces 2
Parking Features Two Car Garage,Electric Vehicle Charging Station(s),Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Dock,Sprinkler/Irrigation,Landscaping,Patio
Lot Features Lake Front
View Lake,Panoramic,Ski Area
Construction Frame
Roof Metal
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Cooling 1 Unit
Financial
Annual Tax $72,940

STR Investment Summary — 460 Gonowabie Road, Crystal Bay

Est. Gross Annual Revenue
$55K – $85K
typically ~$70,000
Avg Nightly Rate
$599
Projected Occupancy
32.0%
Cap Rate
0.1%
Structural Score: 67 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Crystal Bay market data (150 comparable 3-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
43 sq ft covered of 184 sq ft allowed
140 sq ft of coverage still available to add.
Parcel Size
20,325 sq ft
Allowed Coverage
184 sq ft · 1%
Existing Coverage
43 sq ft · 0%
Addable Coverage
140 sq ft
IPES Score
728.0
Land Capability · TRPA-verified
1a, 1b, 2, 4, IPES

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗
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